7 steps to a blissful downsize to condo living

Posted by on Oct 03, 2016 in Insurance Advice

You did it. After extensive thought and consideration you took the plunge and joined the 12% of Canadians living in condo dwellings.

Making the switch from traditional housing comes with many perks. Walkability scores are significantly higher in condo-concentrated areas meaning you’ll have access to much more, right at your door step. And your home will come with lower maintenance requirements, so you’ll be able to ditch your lawn mower and snow shovel and reap the benefits of professional lawn and building maintenance.

But condo-living is unique. It requires planning – and the right type of insurance coverage. No matter where you are in the process, we’ve got helpful tips and tricks for you!




Before moving in:

Plan and organize
You’re going from a large footprint to a condensed one. Spend time before you move in thinking about what you’ll need on a daily basis, and see what you can do without. Take advantage of the many online tools that let you input your room dimensions to create custom layouts so you can plan ahead and see ways to maximize your space. Also, have a look for tips and tricks on online blogs that have content geared towards small space living like Apartment Therapy.

De-clutter and purge
This is the perfect opportunity for a fresh start. When downsizing, you can be sure that what you currently have won’t fit in your new space so use this opportunity to de-clutter and get rid of the things you’ve been looking for an excuse to toss. Don’t head for the trash bin! Sort your items and donate items you no longer need to charity, or make some extra cash and hold a garage sale.

Get the right level of insurance
Condominium corporations cover insurance on the building – the lobby, elevators, and structural elements. But did you know that you’re on the hook to cover your personal belongings, any damage to unit upgrades, or even the deductible on larger damage to your unit? Condo corporations offer varying levels of insurance and each one is unique. Contact us today and make sure you have the right type of insurance when you need it. At Oegema Nicholson, we know the importance of keeping your condo protected, and we will work with you personalize you’re your insurance, so you’re only paying for coverage that you need – and deserve!

When you move in:

Personalize your space
Color has more impact in a smaller space. Make sure your colour palette for each room is complimentary, and use bright, bold colours strategically to highlight your personality. Often condo associations restrict things like curtains and outdoor accents so make sure you’re aware of your limitations before you begin. A helpful tip for sidestepping rules requiring you to have neutral curtains: hang double-panel curtains with a neutral option facing outward, and your textile of choice visible only to the inside of your unit.

Get out and explore
One of the first things you should do after your boxes are unpacked is relax and take a walk. Use it as an opportunity to meet neighbours, get a feel for the neighbourhood vibe, and – of course – find the best stores and restaurants! Celebrate your big move with a dinner at a local restaurant, find the best store for groceries or invite your friends to your new local coffee shop to catch up. While you’re out, pick up your community newspaper and stay informed about activities and events happening in your area.

After you’ve lived there for a while:

Schedule a facelift
Living in small spaces has it perks, but one of the downsides is that you’ll get tired of the look and feel of your smaller space more easily. Freshen up your space with a fresh coat of paint, or think ahead regularly switch out cushions and fabrics seasonally to avoid your inevitable fatigue.

Need a bigger upgrade? Consider replacing your flooring, countertops, lighting or even cabinet hardware. These changes will bring the largest impact to your space – and all give you the biggest increase in property value. You need to ensure all unit improvements are adequately covered by your insurance policy. Contact Oegema Nicholson for assistance in ensuring you’ve got the right level of protection on your investments. Click here for more information, or for a quote.

Join your condo board
Gain usable business skills and have a hand in deciding improvements and upgrades to your building and join your condo building’s board of directors. The added time each month is well worth it when you consider the input you’ll be able to give into the improvement and value of your home.


Congratulations on this big step! We look forward to working with you to keep your move as stress-free as possible with coverage plan to fit your unique needs.

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